Career Killer - Management MUFG Employee Review

I will try to remain as objective as I can, considering good people I care for still work there, but I do feel it important to warn professionals making mid career moves to avoid this company to preserve the integrity of your resume. Incompetence reigns supreme across departments with management seemingly incapable of performing basic tasks like planning and strategy which is exacerbated by the posturing and animosity between the business and IT. To clarify, I lay the blame on business side management that is unequipped to lead a program that requires several projects to be executed. A normal glide path for work like this would require numerous sessions to plan the effort out and intelligently hire to meet the need, starting with experienced FINTECH transformation personnel. Incomprehensibly, the effort was staffed before any tools were identified for an unplanned effort with millions of dollars at risk. Not only that, the staff brought in were not skilled in strategic planning, project management, data management or business process mapping to inform the strategic decisions. Consistent refusal to properly staff a sufficient management hierarchy for each track led to a mixed up hierarchy that caused confusion and inter group battles. Lower level staff were left to strategize the program and lay out data architecture beyond their authority level with no guidance while being forced to participate in "onsites" aimed at misdirecting senior management from the real issues not being dealt with, by presenting silly sharepoint site demos. There were numerous bungled HR issues tied to one highly disruptive sociopath that has seen half a dozen direct and indirect firings and resignations due to not protecting whistleblowers or managing the bad egg out. A culture of fear has replaced hope for staff brought to this company desperately trying to contribute in some meaningful way. While IT was not the party at fault in the animosity in project meetings, I have to say that the entire technological infrastructure of this company is about 15 years behind any standard modern company trying to use data intelligently. Attempts to bring in new technology are highly contentious and politically driven and take over a year to get through stage one initiation with new hire project staff, leaving business staff with no work while they wait for promised technology and process that should have been in place before they were hired. If you are looking at this company as a career move, I urge you to look at the thousands of other companies out there and consider what a move to this company will do to your career. I speak from experience when I say that every other company in the valley knows about the exodus from MUFG from every department including HR and the desperation in candidates trying to leave after a year. It is orders of magnitude more difficult to be taken seriously by a recruiter who knows you will take any position to escape the rolling dumpster fire that is MUFG. Technical professionals: Do not be fooled by job ads that seem to infer positions for data experts. There is nothing there for you, but disappointment and frustration as you are forced to work with excel and access 2010 to do analytical work. On the benefits side all is pretty decent with the exception of educational funding that requires you ask permission to participate prior to the current year to get access to the funds. Even if you start after the first of the year: Too bad. Wait till next year. The 401k funding model is broken. Employees contribute all year long but the company does not contribute unless you stay until the 31st of December then they fund you around February. It is incomprehensible to me how 140,000 financial professionals are ok with losing out on profit returns for investments for a full calendar year, but no one seems to care. Its a major competitive disadvantage.